There's apt to be some money in that junker

September 30, 1983

There may be a lot more value in your old jalopy than you realize. Indeed, junk cars are a $4 billion-a-year enterprise in the United States and Canada, with 80 percent of the average 9 million motor vehicles scrapped each year being dismantled by spare-parts dealers.

A comprehensive study of the used-parts industry by Arthur D. Little Inc., in collaboration with the Automobile Dismantlers and Recyclers Association, found that there are more than 11,000 businesses in the United States, plus more than 1,000 in Canada, whose main work is stripping cars and selling used parts.